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  • News From Press Wait to buy standard insurance plan gets longer

    Wait to buy standard insurance plan gets longer

    Source: Mint Jan 13, 2021

    You may have to wait a bit longer to buy a standard term insurance plan, the Saral Jeevan Bima, which was slated to be launched on 1 January by life insurance companies, as the products filed with the Insurance Regulatory and Development Authority of India (Irdai) are still under review. A term plan pays out the sum assured to nominees in case of the insured’s death.

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